Pi Coin PRICE prediction today (May 22)

Pi Coin extended its recovery on Wednesday, based on the bounce that started near $ 0.70 earlier this week. After a 11.56 % jump during the past day, the distinctive symbol is now trading about $ 0.8250. This step was supported by an increase of 215 % in the trading volume, indicating an increase in interest among traders in the short term. But is this the beginning of a new leg, or just a relief gathering?

Let’s disintegrate the future today.

📅 What we got yesterday

In our previous outlook, we highlighted three potential scenarios for the movement of PI: the upward continuation above $ 0.75, a declining pressure less than $ 0.69, and a neutral range ranging between $ 0.69 and $ 0.75. She played the upper case, as PI retained more than the main support and broke the level of $ 0.75.

Momentum such as MACD and ROC are in line with this step, and we have noticed that a closure above $ 0.75 can lead to a payment of $ 0.80. PI went further, and touched the highest level during the day $ 0.8558.

📊 Overview of the daily PI (May 22)

The price of the PI currency in trading over the support range lasts from 0.70 to $ 0.73, while raising the new purchase pressure to its highest level in the short term. Daily candles now show stronger bodies, hinting to increase confidence in the bulls after a period of side work.

🔍 What the PI currency scheme shows

The daily chart confirms the direction of short -term recovery. After a full correction of a height of $ 1.70, PI formed a base of about $ 0.70 and started climbing. This reversion comes after weeks of low decrease and side unification.

Resistance in the region remains from 0.90 to $ 1.00, as the price of the PI network faced strong rejection in early May. A clean break over that region can open about 1.40 – 1.70 dollars, although this is likely to require sustainable volume and stronger confirmation than the wider market trends.

📈 Technical indicators (daily time frame)

summaryMost indicators tend to climb. MACD, ROC, and Bull/Bear Power Support more upward trend. However, the neutral RSI and CCI suggest that the trend needs more confirmation before a complete outbreak.

🔮 Pi -currency predictions scenarios

The climbing scenario: If PI operates more than 0.80 dollars and decreases from $ 0.90, the following resistance area is between $ 1.00 and $ 1.40.

Neutral scenario: If the price remains between $ 0.75 and $ 0.85 without growth in size, expecting to continue side procedures.

Detate scenarioThe transition to below $ 0.73 can return to support of $ 0.70. If this fails, the price of the PI metal currency may decrease To $ 0.65 in the short term.

🧠 conclusion

Pi Coin tries to restore the lost land after sharp withdrawal. Technical preparation shows early strength signs, especially with increased trading volume. However, without a fixed break above $ 0.90, this can be the highest level in a wider range.

Merchants must continue to watch the $ 0.70 support area and a $ 0.90 resistance level for directional signals. Until any of the separators breaks, expect intermittent procedure inside the range.

Also read: This is the reason for pumping Dogwifhat (WIF)

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